Funding arb · Price arb /

EGLD

all EGLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.089%

Price spread now: Binance against Injective+16.732%107s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 16.732% dearer against Injective than usual: you sell high and buy low: +$1,673 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective EGLD/USDC PERP	3.6600	0.0033	pay 0.0004% / 1h	47m 34s	$16	$46K	5.5x
Short	Binance EGLDUSDT	4.2724	0.0100	get 0.0100% / 8h	2h 47m	$4.5M	$26.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee BinancebpOrdersPrice spread, now +16.732%Rate

Funding earned: $14
Price spread: +16.732% → 0.000%: $1,673.19
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Binance: 5 bp × 2 orders: −$10
Net: $1,677.17
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Binance: live order book, 9 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Injective no order-book sample	—	—	—	—	—
Sell Binance live order book, 9 min ago	1.18 bp	14.8 bp −$15	43.3 bp −$433	256.6 bp −$25.7K	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

EGLD on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_EGLDUSD	−0.0770%	1h	4.2742	+16.783%	$425K	$693K	20x	as long as short
KuCoin EGLDUSDTM	−0.0007%	8h	4.2780	+16.885%	$2.5M	$1.3M	50x	as long as short
Injective EGLD/USDC PERPlong	+0.0033%	1h	3.6600	long leg	$16	$46K	5.5x
Binance EGLDUSDTshort	+0.0100%	8h	4.2724	+16.732%	$4.5M	$26.6M	75x
Bybit EGLDUSDT	+0.0100%	8h	4.2700	+16.667%	$2.5M	$8.7M	75x	as long as short
OKX EGLD-USDT-SWAP	+0.0100%	8h	4.2740	+16.776%	$612K	$5.0M	20x	as long as short
Gate EGLD_USDT	+0.0100%	8h	4.2770	+16.858%	$510K	$681K	30x	as long as short
MEXC EGLD_USDT	+0.0100%	8h	4.2730	+16.749%	$4.2M	$3.6M	125x	as long as short
Bitget EGLDUSDT	+0.0100%	8h	4.2700	+16.667%	$2.2M	$4.2M	75x	as long as short
BingX EGLD-USDT	+0.0100%	8h	4.2730	+16.749%	—	$2.9M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni EGLD	+0.0100%	8h	4.2715	+16.708%	$17K	$71K	—	as long as short
BloFin EGLD-USDT	+0.0220%	8h	4.2680	+16.612%	$221K	$458K	75x	as long as short